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New Deal


Announced

Completed

Sycamore Partners-backed Ste. Michelle completed the acquisition of A to Z Wineworks.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Acquisition

Majority

United States

Single Bidder

Private Equity

winery

Completed

Distillers and Vintners

Domestic

Private

Synopsis

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Sycamore Partners-backed Ste. Michelle, an operator of collection of distinctive wine estates, completed the acquisition of A to Z Wineworks, a winery in Oregon. Financial terms were not disclosed. “We are delighted to welcome A to Z to the Ste. Michelle family. Erath and A to Z share the same passion for producing high quality wines at fair prices, making A to Z a natural fit for Ste. Michelle. The future of Pacific Northwest wines – both Oregon and Washington – is bright and we’re excited to introduce new consumers across the country and around the world to the full complement of our region’s outstanding wines," David Dearie, Ste. Michelle Wine Estates President and CEO.

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